"This was the highest net add quarter we've ever experienced," said Spotify in its fourth-quarter earnings report, "and the fact we've ever added 10 million subscribers." The company is riding high after seeing the number of paying customers surge to...
Spotify reports 124 million paying users and ‘exponential’ podcast growth
"This was the highest net add quarter we've ever experienced," said Spotify in its fourth-quarter earnings report, "and the fact we've ever added 10 million subscribers." The company is riding high after seeing the number of paying customers surge to...
Netflix's final earnings results for 2019 are out (PDF), and in a year where it suddenly started to face more competition than ever before, the company says its service and content is only becoming more popular. The letter to investors claims that it...
Spotify's strategy of owning a chunk of the podcast game appears to be paying off, at least according to its latest financial report. In the third quarter of 2019, Spotify says it saw "exponential growth" in podcasts, with a 39 percent increase in li...
In the last three months, Twitter added six million more users, but couldn't manage to sell any more ads to those eyeballs. At least, not in quantities enough to boost its bottom line, with net profit remaining the same as it was in the previous quar...
Uber is reportedly looking into offering loans directly to drivers, according to a report from Recode. The ride sharing company recently sent out an in-app survey to some drivers that indicated the company is starting to build a "new financial produc...
As Samsung expected, its Q2 profit is off from last year's by about 56 percent. An operating profit of $5.6 billion (6.6 trillion Korean won) is no small figure, but obviously not up to par for the electronics giant, and follow a similar result in Q1...
Despite flagging sales of late, Sony's PlayStation 4 has sold 100 million units, making it the fastest-selling console to hit that number. In its latest earnings report, Sony revealed that it sold 3.2 million PS4s between March 31st and June 30th, af...
Just over a year ago, Google parent company Alphabet was hit with a $5 billion fine from the European Union for antitrust violations. As you might have expected, that put a dent in the company's profits -- but this year, there's no such issue to worr...
Netflix just released its financial results for the second quarter of 2019 (PDF), and a number that jumps out is that its service grew by 2.7 million subscribers. That's a problem for shareholders because in its last report, the company predicted it...
A few weeks ago, Samsung warned investors that its Q1 profit would drop about 60 percent from the same period in 2018. Now the detailed report has arrived, confirming that projection with an operating profit of $5.4 billion that reflected a 23 percen...